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Hack history / 2022 / Hack or exploit

Deribit

Hack or exploit on Nov 1, 2022 · Hot Wallet Key Compromised

SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$28M
dollars at the time
Returned
none listed
as the sources state it
Rank
#162
among thefts by dollars lost

What happened

On November 1-2, 2022, Deribit's BTC, ETH, and USDC hot wallets were compromised, draining ~$28M in crypto assets. Client assets in cold storage and Fireblocks vaults were unaffected. Deribit covered the loss with company reserves; the specific compromise method remains undisclosed.

Details

Date
Nov 1, 2022
Kind
Hack or exploit
Method
Hot Wallet Key Compromised
How in
Keys, accounts and infrastructure
Target
Centralized exchange
Chains
not stated

After the theft

Victims reimbursed
yes, amount not stated
“Deribit covered the loss with company reserves;” (DefiLlama)

Reported by

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Cite this pageSwanBluechip, "Deribit hack, Nov 1, 2022: $28M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht132ffb8de4/ (data as of 2026-11-01).
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